Astron Paper IPO Allotment Status is declared and can be checked from link given below

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Astron Paper & Board Mill Ltd, an Ahmadabad based manufacturer of Kraft paper, also known as paperboard or cardboard, has been subscribed 12.39 times on an overall basis till Day 3 of its opening. The IPO which closes for subscription tomorrow on Dec 20, 2017, has been offered in price band of Rs.45/- to Rs.50/- per share






The detailed subscription status till Dec 19, 2017 is given below :

QIB: 5.74 times
HNI: 1.15 times
Retail: 33.57 times
Employees: 1.59 times
Overall: 12.39 times

QIB: 1.50 times
HNI: 0.04 times
Retail: 0.75 times
Employees: 0.04 times
Overall: 0.42 times

Astron Paper intends to utilize the net proceeds from this public issue towards the following objects:
1. Setting up of additional facility for manufacturing of lower GSM and lower B.F Kraft Paper,
2. Part repayment of unsecured loan,
3. Funding the working capital requirements and
4. General corporate purposes.

IPO opens on: Dec 15, 2017
IPO closes on: Dec 20, 2017
Issue Size: 14,000,000 Equity Shares of Rs.10/- each
Price Band: Rs.45 to Rs.50 per equity share
Bid Lot: 280 Equity shares and in multiples thereof
Listing at: BSE and NSE